{"id":145574,"date":"2024-12-27T10:00:22","date_gmt":"2024-12-27T08:00:22","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145574"},"modified":"2024-12-27T01:40:55","modified_gmt":"2024-12-26T23:40:55","slug":"south-korea-and-u-s-collaborate-to-strengthen-crypto-security","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/south-korea-and-u-s-collaborate-to-strengthen-crypto-security\/","title":{"rendered":"South Korea and U.S. Collaborate to Strengthen Crypto Security"},"content":{"rendered":"<p>This is set to focus on enhancing security measures to protect digital assets and track stolen funds more effectively.<\/p>\n<p>As reported by Yonhap News Agency, both nations have formalized an agreement to create advanced tools aimed at thwarting cyberattacks on crypto systems and uncovering the methods criminals use to launder stolen funds. The partnership is also expected to delve into how ransomware and other illegal tactics are employed to convert traditional financial assets into cryptocurrency.<\/p>\n<p>The collaboration comes as North Korea emerges as a key player in global crypto heists, prompting the United States to seek South Korea\u2019s expertise. In 2022, blockchain analysis firm Chainalysis highlighted that North Korean-linked hackers, such as the infamous Lazarus Group, were responsible for a significant share of decentralized finance (DeFi) protocol breaches, amassing nearly $1 billion in stolen assets.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-145502\" href=\"https:\/\/cryptodnes.bg\/en\/pantera-capital-ceo-forecasts-2025-bull-cycle-peak-for-bitcoin\/\" title=\"Pantera Capital CEO Forecasts 2025 Bull Cycle Peak for Bitcoin\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin-btc-crypto-2-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Pantera Capital CEO Forecasts 2025 Bull Cycle Peak for Bitcoin<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Adding to the concern, North Korea has reportedly utilized crypto-mixing platforms like Tornado Cash to obscure the origins of its stolen funds. Experts believe these illicit gains are fueling the country\u2019s missile and nuclear programs, making the development of countermeasures a top priority for both South Korea and the United States.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korea and the United States are teaming up to tackle the growing threat of cryptocurrency theft through a groundbreaking research collaboration.<\/p>\n","protected":false},"author":7,"featured_media":22068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[424],"coin_category":[],"class_list":["post-145574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-crypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>South Korea and U.S. Collaborate to Strengthen Crypto Security<\/title>\n<meta name=\"description\" content=\"South Korea and the United States are teaming up to tackle the growing threat of cryptocurrency theft through a groundbreaking ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/south-korea-and-u-s-collaborate-to-strengthen-crypto-security\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea and U.S. Collaborate to Strengthen Crypto Security\" \/>\n<meta property=\"og:description\" content=\"South Korea and the United States are teaming up to tackle the growing threat of cryptocurrency theft through a groundbreaking ...\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" 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